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20121202
20121210
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Search Results 0 to 38 of about 39 (some duplicates have been removed)
spending in order to reduce trillion dollar deficits and a national debt that is now mind-boggling league not -- monotonous. house minority leader disagrees vehemently with the speaker on how to reduce deficits and debt. today she offered a paradoxical statement on fiscal policy that would make both casey stiegel and yogi berra proud. the nation now just 24 days away from $600 billion of spending cuts and tax increases that will automatically kicked in. and pelosi has some wise words for washington. please listen terror. >> this is a moment of truth. the clock is ticking. christmas is coming. the goose is getting fat. in many homes across america it is very, very lean times. you cannot cut your way to deficit reduction. lou: that's right. pelosi says we cannot get our way to deficit reduction. listen to the top democrat in the house of representatives, the former speaker of the house unveiling -- on dealing with the fiscal crisis one more time. >> in many homes across america ad is a very, very lean time. you cannot cut your way to deficit reduction. lou: today said minority leader appear
for washington to face, they do talk about the deficit and the debt in getting the fiscal house in order. that is not the full extent of the list. but behind different as we talk about priorities along partisan and racial lines. let's start with where we are and with the public has been pounded with this message week after we, on the question of resolving the immediate fiscal cliff. how would you describe your temperature, your feeling that there will be some kind of accommodation and a deal even on the tax and spending and sequester side or both? >> good morning. glad to be with you and give you my perspective on where we are. to the beginning of your question, i often say one i am giving remarks that -- people in the same group, no matter how ponce and they are, people -- no matter how partis and they are, people will say two things. i want you to go to washington and stand on your principal. i want you to fight for us. i say, i will. someone else will get up and say, i want you to compromise and find the middle ground and get things done. this is the 10th time this just happen to me.
, we are talking about deficit deduction. we are talking about raising revenue to a level in which can begin to support the kinds of investments we need to make to train our future work force and to create an environment in which we can care for the elderly. >> the think americans will remain optimistic but this did of the economy? if we have not tackle the things we have just talked about like the cost of education, the housing market? we are figuring out some philosophical issues about taxing and funding? >> i think the economy has been growing slowly and steadily all in the absence of any movement, which we have seen over the test of the last year. i have worked on guantanamo for the past 10 years. my sense is that if there is some movement until the positive direction, which have not seen out of washington and enter a long time, -- in a long time, at least we will not see head winds. we are making some progress. i see that continue. >> i want to come back to what todd said earlier. i am concerned about confidence being fragile. todd reference what happened until august of 2011. we
. [ screaming ] oh grover! electric deficit boogaloo. 29 minutes after the hour. right back on "the stephanie miller show." >> wow! i've never seen anything like this. >> when disaster strikes sometimes the only way out is to look within. current tv digs deep into the determination and escape. "trapped" experience the drama. back to back to back. >> hold on mates! >> catch the "trapped" mini-marathon saturday starting at 1 eastern. on current tv. rich, chewy caramel rolled up in smooth milk chocolate. don't forget about that payroll meeting. rolo.get your smooth on. also in minis. get irresistibly clean and fresh carpets in your home with resolve deep clean powder. the moist powder removes three times more dirt than vacuuming alone while neutralizing odors for a clean you can see, smell and really enjoy. don't just vacuum clean. resolve clean. [ singing christmas carols in background ] aunt sally's singing again. it's a tradition honey. [ singing christmas carols ] mmmm. [ female announcer ] make new traditions with pillsbury grands! cinnamon rolls. [ f
. tea party 2, the sequel. [ screaming ] oh grover! electric deficit boogaloo. 29 minutes after the hour. right back on "the stephanie miller show." alright, in 15 minutes we're going to do the young turks. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i'm going to be the first one to call them out. they can question whether i'm right, but i think that the audience gets that this guy, to the best of his ability, is trying to look out for us. [ male announcer ] red lobster's crabfest ends soon. hurry in and try five succulent entrees like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. salads, sandwiches, and more. rich, chewy caramel rolled up in smooth milk chocolate. don't forget about that payroll meeting. rolo.get your smooth
the deficit, create jobs. so we know we have to have growth. we know we have to make cuts. we know we have to have revenue. you can't get from here to there without it. so if you read closely what they have in their letter, even though it's bare bones, you have voucher rising of medicare, you have a return to the ryan budget, which priorities are not priorities that i think the american people share. >> rates, can there be a deal done with the rates not going up? >> no. i'm an appropriator for a long time in the congress. we used to have an expression. it's not the price. it's the money. this is not to be punitive on the people who make over $250,000. it's just to be fair to the entire country. you need that additional revenue in order to reduce the deficit and continue to make investments in growth. >> if speaker boehner says that, you know, we're not going to move on the rates, where are we? >> i hope that's just a bargaining position. but the fact is we have talked about it two step. do a down payment on cuts, on investments and on revenue this year and then in the next year, take the t
to reduce the deficit, 63% said no. 86% of the ads run for obama were personal attacks on romney. he won a stunning mandate to not be romney. he did not run on the basis he was going to do massive new spending and the kind of tax increases, $1.6 trillion that he's now talking about. and at the same time that obama was elected president, the republican house, which had twice voted for a real budget -- remember, the president's budget he claims he has a mandate for was put up before the house and the democrats all voted against it. in the senate, the democrats didn't want to have anything to do with it. it's a little hard to argue, he had a mandate for something the rest of his party ran away from. >> well -- >> did not run ads on those issues. >> and, of course, it was a bit more complicated than that. but to your point about the exit polls, it's true, most people said that they didn't want tax increases to solve the deficit. what they said -- the majority, was they wanted both balanced. they wanted cuts and tax increases. which is what both john boehner and the president -- in very strid
with the president and other ceo's to discuss the impending crisis. we even published their own study on the deficit, copies of which are available here today. we look forward to continuing this conversation, keeping the dialogue on going for the next month is critical if we're going to solve this problem -- and we think our panel will be very enlightening in terms of what the issues are. so, al, with that i will turn it over to you and the panel. we look forward to reproductive hour. thank you very much. >> can everybody hear? i welcome you all to bgov -- if you do not know as much about it as you want, i invite you to stay, because it really is a fabulous place. we do have an all-star panel. i will start with my left, which is where bob corker says i always start. tim pawlenty, former governor of minnesota. i wrote that i thought that if he could get the nomination he would have been the strongest republican presidential candidate. i was absolutely right -- we just could not figure out how to get there from here. tim is now the head of the financial services round table, a job he took just about a
are good. if you look at the deficit, much higher in the u.s. than in the euro zone, for instance, debt, higher than many countries in the euro zone including spain, germany, france. yet, the united states of america is able to borrow at the lowest rate in pretty much it's recorded history. so you have a very, very diverse landscape at the moment, but certainly would that could be significantly improved, or worsened by the situation that we have concerning the fiscal cliff, the fiscal deficit, and the debt of the country, three topics that can be addressed now on a comprehensive and efficient fashion. >> so what should this mean? i think i could interpret any given number, to think oh, that means we should not touch taxes for any bracts, because it's as much money as we could have in it, or this means that we need more stimulus to keep the jobs going, or i could look at the debt and say this means we need to cut spending, so what does it mean? what would you, and what globally, what would mean the most for the u.s. to do? >> you know what you said? you would qualify as an economist. on
. >> we are having the conversation because of the debt and deficit levels that the country is facing . someone on the democraticic side saying keep them and extend . republicans saying we have to cut somewhere. that's a real discussion. >> if i told you there was a program that cost you 30 billion and returned 18 billion to the economy and so had a net cost of 12 billion and supported 400,000 jobbings, you would say that is a good idea it is it not a matter of reducing the deficit because in congress we have people extending tax cuts that further blow a hole in the debt ceiling. >> i don't want to be cruel, christian. i don't want to be curt. every dollar comes back as a $1.90 a. forget about the stock market and investing and put our money in unemployment benefits. it is it resting on a complete fallacy of economics that conequals wealth. it is the same that pelosi and you. cash for clunkers and house stimulus . shovem ready stimulus jobbings. >> johnathon. why don't you listen to mark sand zandy of moody who advised john mccain's presidential anything. it is nothing to do with a pr
to the deficit. it's just irresponsible to even put social security in a discussion as we are trying to get a deal. medicare can, i think, be massaged in terms of means testing. with the upper income individuals paying more or sometimes all of their medical expenses, it makes no sense for the government to pay medicare costs for someone earning $700,000 a year. so i think we can do some means testing. but by no means am i saying it should be low enough so our elderly and poorist americans are going to pay for the deficit. but we want a deal. and keep in mind, i think this is very important. if the bush tax cuts are expired, as they will be, just as sure as today is friday, they are gone, that generates $950 billion toward the deficit over a ten-year period. we'd set aside $1.2 trillion. we're almost there. and if you do means testing on medicare, we make it. >> well, the republicans would never go along with that kind of means testing because that would hit the wealthier americans. that's who they are going to protect. how would that work out? >> what i would hope is if republicans fight a
the middle class because given that we have a large budget deficit down the road and given that if we don't want to and they don't want to cut military spending, what's left? they will have to cut programs beneficial to the middle class. this is another example, this is a continuation of the war on the middle class that they started years ago. now it's becoming clear for everybody to see. it was very clear before the election, but we had an election. americans repudiated the republican idea. reverse robin hood economics and yet they are coming back with it. over and over and over again. i think the fact that boehner will not schedule a vote on the middle class extension of the bush tax cuts that the president wants, the senate has already passed this. boehner is under increasing pressure to schedule a vote on this and get it out of the way. once they do that, the game is over. >> nancy pelosi is trying to take care of that. she plans to bring a discharge petition to the floor of the house tomorrow. this would force republicans to openly accept or reject the middle class tax cuts. did this
the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. listen, washington has a spending problem, not a revenue problem. and if the president doesn't agree with our proposal, i believe he has an obligation to families and small businesses, to offer a plan of his own, a plan that can pass both chambers of the congress. we're ready and eager to talk to the president about such a plan. >> speaker, you spoke with the president earlier this week. can you characterize this call? if he called, did he have any kind of counteroffer? and also, we understand that he's just making clear that it's got to be increase in rates for the wealthy or no deal. are you willing to give a little bit, maybe just not all the way to 39.6? >> it was -- the phone call was pleasant but was just more of the same. the conversation that the staff had yesterday, just more of the same. it's time for the president, if he's serious, to come back to us with a counteroffer. >> mr. speaker, the jobs report today indicated unemployment is down roug
in washington negotiate a bad deal on the bucket and deficit, what do you think will happen to medicare and medicaid benefits. >> it stars two senator and two republican reps. cnn reports the labor unions are spending more than a half of million dollars on this round of spots. we're back with more steph after the break. stay with us. ♪ going to do the young turks. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i'm going to be the first one to call them out. they can question whether i'm right, but i think that the audience gets that this guy, to the best of his ability, is trying to look out for us. [♪ theme music ♪] >> stephanie: okay. and as we mentioned, unemployment numbers. hello! [ ♪ patriotic music ♪ ] >> stephanie: the lowest in four years. >> wow! >> stephanie: it has dropped to 7.7%. >> you're welcome america, i did that. >> no, you didn't. >> stephanie: right. [ applause
deficit and debt. so this, this legislation both accomplishes that goal and still provides an increase in diversity which is what the senator from new york was talking about. and then an additional point is the point that the senator from texas so very clearly made. this legislation passed the house. last time i checked, legislation has to pass the senate and the house. that's a pretty important distinction. going back to the comments of the senator from kentucky. he said hey, if we can't do it all at once because of disagreements, let's start getting done what we can get done. so here is a bill that provides us with -- with people who can help our economy grow, people in the sciences and technology fields that we very much need. it will increase diversity just as the senator from new york said, and it's passed the house. common sense says let's go. let's pass the bill. so we very much want to join with the senator from new york and the senator from delaware and the other sponsors that he referred to, but let's join on something that can actually get done, meaning a bill that passes th
, but not as part of the process to reduce the deficit the country faces. >> there's a notion some republicans are for lack of a better word salivating at a possible it divide where you have some democrats who want no movement on entitlements and if there's any heat to be taken, it to come from the gop or go to the gop. >> let me just say a couple of things. first of all, what geithner was referring to is that social security shouldn't be on the table right now because it's not a driver of the deficit we're dealing with right now. he's referring to a separate process next year. what the republicans have asked for previously and i hope they're not going to continue to ask for is essentially the dismantling of medicare. we debated it during the presidential with paul ryan's proposal to put -- turn medicare into a voucher system. so when it comes to looking for savings in medicare, there's ways to find savings without breaking the guarantee that we've had to our seniors for the last several decades. i think democrats, again, have demonstrated repeatedly that we're willing to compromise, but the r
him for a long time, deficit hawk. they haven't allowed him to put a budget out for years. he's growing frustrated. i'm sure he's going to be glad to leave. but i was surprised by that as well. you see also, sam stein, republicans are now starting to really bash boehner from the right. the president needs to take note. he needs to take note. >> give him some running room. >> i'm only saying this because you remember, we went through this with newt. you know, bill clinton would push newt only so far, and then the conservatives in the caucus like myself and matt salmon, steve largent and others would say we're not doing a deal. we will take this place down. we're not doing a deal. and then newt would call bill clinton up and say, you're pushing me too far. you've got to work with me here. the same thing's happening right now with boehner. >> with boehner. >> the republican -- and when you start stripping people of committee -- committee seats, war breaks out and it gets really -- it happened with us. it's about to happen here. he's got to realize that boehner is his partner. >>
? >> well, issues like making sure we can pass a balanced approach to deficit reduction. we know we need to have some significance spending cuts. we know that we need to generate some revenue, and we clearly as a result of this election know that the american people support increasing taxes through tax rate increases on the wealthiest 2% of americans. those middle class tax cuts in that legislation would protect the tax cuts for 98% of americans and 97% of small businesses. that, as we are in the midst of the holiday season, is absolutely essential to continuing to get our economy turned around and focus on job creation. >> "the new york times" reporting today that negotiations are now down to just two people. the president, the house speaker. we know that some senate democrats dispute this. what do you think about this point with regard to the negotiations and who's in the room? >> i know that the president and his advisers are focused on making sure that in the discussions that they have with both the house and the senate that whatever plan they agree to includes a balanced approach. o
in a deficit talk is simple. it saves money. the keizer family foundation estimates that when it's all said and done, the government could save $5.7 billion in the first year of that plan. but those 65 and 66-year-olds they don't disappear. they are still going to be here and they are even going to get sick sometimes, which means the savings we'd see by kicking them off medicare rolls will pop back up in the economy. it's not pure savings, it's a cost shift. first and foremost, you're going to see increased costs for seniors who will have to find another health insurer since medicare is huge and uses its bargaining power to pay less by quite a bit. the seniors turning to private insurance will have to pay more for the same coverage. 3.7 billion more in the first year of the policy. for those 65 and 66 years old who are eligible for medicaid, states will have to pick up some of that tab. so three-quarters of a billion dollars will pick up that tab, we think. then there are the employers. many of the ineligible will turn to their employers. that will increase the health care costs of companie
for the fanel to advance a deal with democrats to cut deficits but -- >> grover norquist drowns himself in a bathtub. after he hears that. >> he made me do it. >> stephanie: two of the republicans that vote most often against boehner. boehner is trying to control his caucus. >> i'll be really surprised -- >> stephanie: these two guys, whatever their names are they said despite sweeping changes to medicare and medicaid, paul ryan's budget didn't make deep enough cuts to entitlement. those guys. yeah, that wasn't quite mean enough. [ applause ] >> i would be surprised if boehner kept his leadership position in the next congress. >> stephanie: really? >> yeah. because he's not -- >> stephanie: i picture eric cantor rubbing his hands together like snidely whiplash. >> he can't keep the caucus together. the republicans are famous for staying together. he can't keep them together. >> flabbergasted! >> that's doing a bad job. >> stephanie: he's flabbergasted at his own caucus. [mumbling] >> stephanie: by the way doesn't
of this deficit problem. we are going to need more revenues. in order to do that that start with higher rates for the folk at the top. the reasonien, the reason i say that is not to punish success or go after folk just because they are wealthy. it's a simple proposition that you can't raise enough revenue and if you don't raise enough revenue through closing loopholes abductions, it's going to be middle class families that make up the difference. bill: john boehner will speak later this hour. we'll see how he responds to that comment. if washington can't get a deep, automatic tax increases and massive spending cuts do take effect. martha: west virginia senator joe manchin, a democrat discussing the fiscal cliff, social security within medicare. he believes they must be run more efficiently. >> last year the office of budget management says $115 billion was misspent. that's a tremendous savings right there. they are both much lower than everyone says we need. all economists say we need a minimum of $4 trillion or greater swing. that means a combining of many things. i think both of them are in
're going to take a look at the real issues impacting our debt and deficit coming up next. >>> and as bad as john boehner made it sound, how come the markets seem to be trading like we are going to have a deal? what does wall street know that we don't? tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime. tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 all this with no trade minimums. tdd#: 1-800-345-2550 and only $8.95 a trade. tdd#: 1-800-345-2550 open an account with a $50,000 deposit, tdd#: 1-800-345-2550 and get 6 months commission-free trades. tdd#: 1-800-345-2550 call 1-866-294-5412. >>> there's that word, absolute. is it an absolute fiasco? time for our daily visit
will be fine. understanding how all this works and that the cliff is not a cliff and that the deficit is not going to go up. it is actually going to go down. those things are very important to understand, here, to see through the prism and get what's going on. >> congresswoman, i feel like the part that was so helpful to me about david's text as i've been sort of trying to think through this fiscal cliff, we often hear from elected leaders about kitchen table politics. we saw the president go to the kitchen table this week. these sort of kitchen table economics of how we are paying to subsidize these corporations does not seem to be part of the conversation happening in washington. >> you have a lot of congress people, especially on the democratic side, who realize the true meaning of what each and every one of us is paying for. i'll give you an example. carolyn maloney, right here, of new york, she authored the credit card bill of rights. i know because i was her number two. we pushed very hard to get this bill through. now, it could have been a lot harder. it started out a lot stron
incentives within our economy, the $2 million deficit. you find completive ways to keep businesses that you have, but expand that base. so this idea these incentives were somehow bad for the economy or bad for the local market, to me, just don't add up necessarily because every state is different. you do compete -- we compete with virginia and delaware and pennsylvania and west virginia in our region. we want the jobs that we can get for our technical and other infrastructure with the state. how does all of that work out in the wash ultimately? who is the bad guy here? is it the governor goes out and gives the incentives with the legislature or is it the employer who keeps -- takes those incentives and want to stay in the state or come to the state? >> this not really about who is the bad guy but do we have a system that works? there is no national thinking. zero today on what are we spending on all this? is it coordinated? why, for instance, in kansas do you have kansas and missouri outbidding each other to have companies literally move five miles, create no new jobs and we all were talkin
Search Results 0 to 38 of about 39 (some duplicates have been removed)